KB Kookmin Bank extends conditional lease on a deposit basis loan restrictions.
Kookmin Bank said it will extend its "restrictions on the handling of conditional lease on a deposit basis loan" that was supposed to be temporarily operated until the end of this month.
The conditional lease on a deposit basis loan restrictions were implemented to prevent speculative demand such as "gap investment," a lease on a deposit basis home purchase.
Kookmin Bank explained that although household loan growth has slowed down a bit, it has decided to extend it early to ease loan restraint measures.
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